Bitcoin transaction rate at highest level in almost a yearsteemCreated with Sketch.

in #bitcoin • 6 years ago

Check this out:

(Source: https://www.forbes.com/sites/billybambrough/2019/01/14/blow-to-bitcoin-as-international-bank-warns-on-trivial-take-up/?utm_content=82715835&utm_medium=social&utm_source=twitter&hss_channel=tw-28365615#57868ef3e760)

If you have only been watching the price, you haven't been paying attention.

Bitcoin continues to gain traction while prices continue to slide.

Sounds like a good environment to be buying into.

Strengthening fundamentals with deteriorating prices.

#btc #crypto #data #stats
6 years ago in #bitcoin by
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     6 years ago 

    Unfortunately not much of a (positive) price action lately.

    Sounds like a good environment to be buying into.

    Hopefully there's something good cooking over time
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       6 years ago 

      Yea, it will take time for price to reflect improving fundamentals.

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       6 years ago 

      What's your best guess? This year? The next one?

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         6 years ago 

        I think we see bitcoin go sideways until later this year. I think around August or so we start to see bitcoin going back up again, and it will likely pull many other coins up as well.

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